Renaissance Technologies Portfolio holdings
Renaissance Technologies LLC, founded in 1982 by mathematician James Simons as Monemetrics and headquartered in East Setauket, New York, is a legendary quantitative hedge fund managing around $65 billion in assets as of late 2024, renowned for its pioneering use of mathematical models and algorithms in trading. Starting with currency trading and evolving into a secretive powerhouse under its flagship Medallion Fund—launched in 1988—the firm employs PhDs, physicists, and computer scientists to analyze vast datasets, executing high-frequency trades across equities, futures, and derivatives with returns averaging over 66% annually before fees from 1988 to 2018. Simons, who stepped down as chairman in 2021, built a culture of intellectual rigor, limiting Medallion to employees and insiders since 1993 while offering institutional funds like the Renaissance Institutional Equities Fund (RIEF) to outsiders. Now led by Peter Brown and Robert Mercer’s successors, Renaissance remains a benchmark for quant investing, blending academic precision with a low-profile, extraordinarily profitable legacy despite occasional regulatory scrutiny.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$533M |
| 2 |
Apple
AAPL
|
+$347M |
| 3 |
Micron Technology
MU
|
+$272M |
| 4 |
Eli Lilly
LLY
|
+$232M |
| 5 |
Super Micro Computer
SMCI
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$472M |
| 2 |
NVIDIA
NVDA
|
+$413M |
| 3 |
Tesla
TSLA
|
+$403M |
| 4 |
Coinbase
COIN
|
+$236M |
| 5 |
Johnson & Johnson
JNJ
|
+$224M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.66% |
| 2 | Healthcare | 16.81% |
| 3 | Consumer Discretionary | 13.04% |
| 4 | Industrials | 9.63% |
| 5 | Financials | 9.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ONL
1201
Orion Office REIT
ONL
$155M
| $7.41M | 0.01% |
1,851,654
-136,346
| -7% | -$534K |
|
|
TDAY
1202
USA Today Co
TDAY
$1.32B
| $7.4M | 0.01% |
1,317,600
+245,576
| +23% | +$1.19M |
|
1203
Ethan Allen Interiors
ETD
$598M
| $7.39M | 0.01% |
231,800
+36,100
| +18% | +$1.09M |
|
|
CIO
1204
DELISTED
City Office REIT
CIO
| $7.39M | 0.01% |
1,265,416
-3,000
| -0.2% | -$17K |
|
1205
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.59B
| $7.39M | 0.01% |
170,177
+112,477
| +195% | +$4.81M |
|
1206
First Business Financial Services
FBIZ
$604M
| $7.37M | 0.01% |
161,765
+8,000
| +5% | +$338K |
|
|
OLO
1207
DELISTED
Olo Inc
OLO
| $7.37M | 0.01% |
1,486,500
+316,000
| +27% | +$1.56M |
|
1208
New Jersey Resources
NJR
$5.86B
| $7.37M | 0.01% |
156,100
+65,400
| +72% | +$2.99M |
|
1209
Natural Gas Services Group
NGS
$468M
| $7.37M | 0.01% |
385,535
-13,807
| -3% | -$276K |
|
1210
US Physical Therapy
USPH
$1.18B
| $7.36M | 0.01% |
87,023
+17,500
| +25% | +$1.55M |
|
|
GPGI
1211
GPGI Inc
GPGI
$4.28B
| $7.35M | 0.01% |
631,498
+379,394
| +150% | +$3.21M |
|
|
TRUE
1212
DELISTED
TrueCar
TRUE
| $7.35M | 0.01% |
2,131,201
+7,600
| +0.4% | +$24.4K |
|
1213
Consolidated Water Co
CWCO
$473M
| $7.35M | 0.01% |
291,367
+24,232
| +9% | +$647K |
|
1214
N-able
NABL
$953M
| $7.34M | 0.01% |
562,300
-37,100
| -6% | -$496K |
|
1215
Helmerich & Payne
HP
$3.41B
| $7.34M | 0.01% |
241,201
+25,400
| +12% | +$877K |
|
1216
BGC Group
BGC
$5.38B
| $7.33M | 0.01% |
798,648
+142,100
| +22% | +$1.33M |
|
1217
Andersons Inc
ANDE
$2.38B
| $7.32M | 0.01% |
146,000
-13,576
| -9% | -$673K |
|
|
NXRT
1218
NexPoint Residential Trust
NXRT
$660M
| $7.29M | 0.01% |
165,713
+4,000
| +2% | +$174K |
|
1219
ACV Auctions
ACVA
$1.36B
| $7.28M | 0.01% |
+358,200
| New | +$6.6M |
|
|
DMC
1220
Del Monte Corp
DMC
$1.41B
| $7.27M | 0.01% |
246,200
-53,600
| -18% | -$1.42M |
|
1221
Provident Financial Services
PFS
$3.28B
| $7.26M | 0.01% |
391,374
-95,700
| -20% | -$1.69M |
|
1222
Travelzoo
TZOO
$75.9M
| $7.26M | 0.01% |
602,501
+35,300
| +6% | +$384K |
|
1223
Allegion
ALLE
$13.7B
| $7.24M | 0.01% |
49,700
-179,300
| -78% | -$23.7M |
|
1224
Landstar System
LSTR
$6B
| $7.24M | 0.01% |
38,340
+32,040
| +509% | +$5.91M |
|
1225
iShares Core International Aggregate Bond Fund
IAGG
$10.9B
| $7.23M | 0.01% |
+139,500
| New | +$7.13M |
|
Similar funds
Renaissance Technologies's Q3 2024 Portfolio in Review
As of Q3 2024, Renaissance Technologies held 4,024 positions worth $66.5B, up 13% from $59B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Renaissance Technologies deployed $3.2B of net new capital in Q3 2024, opening 578 new positions and adding to 1,558 existing holdings. Its largest new stake was Micron Technology: 2,604,914 shares worth $270M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was NVIDIA, an estimated $413M trimmed.
- Renaissance Technologies's largest Q3 2024 buy was Micron Technology: 2,604,914 shares worth $270M.
- Renaissance Technologies added most to Microsoft in Q3 2024, an estimated $533M increase.
- Renaissance Technologies's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $413M.
- Renaissance Technologies fully exited Broadcom in Q3 2024, selling an estimated $472M.
- Renaissance Technologies's ten largest holdings make up 11% of its $66.5B portfolio in Q3 2024.
- Renaissance Technologies opened 578 new positions and closed 539 in Q3 2024.
- Renaissance Technologies's portfolio value rose 13% quarter-over-quarter to $66.5B.
Based on Renaissance Technologies's 13F filing for Q3 2024, filed 13 Nov 2024.